AR HB1513

Allows retired law enforcement officers an income tax credit of up to $3,500 for investigating cold cases on behalf of the Division of Arkansas State Police.

Officers working at least 1,000 hours during the tax year may claim the full $3,500 credit; those working fewer hours receive a pro rata share based on hours worked compared to 1,000 hours.

Individuals may work as volunteers (receiving only the tax credit as a benefit) or as temporary/part-time employees at hourly rates determined by the division, not to exceed rates under the Uniform Classification and Compensation Act.

The Division of Arkansas State Police shall issue eligibility certificates on a first-come, first-served basis, limited to a total of $25,000 in credits for all taxpayers in each fiscal year.

Unused tax credits may be carried forward for two consecutive tax years following the year earned, and the law is effective for tax years beginning January 1, 2022.